Bahrain's BMI Bank has signed a strategic agreement with regional insurer Medgulf Allianz Takaful. The partnership between Allianz and Medgulf will allow the bank to offer customers a suite of life and non-life Takaful products through its branch network.
The bank's CEO Jamal Al Hazeem [below] said in a statement: "We are confident that the alliance with Medgulf Allianz Takaful will help us achieve our vision of providing our customers with a comprehensive range of products from a leading insurer... We believe that retail services like bancassurance, amongst others, help enhance our product offering and make our bank a stronger choice for customers within Bahrain."..............................................Full Article: Source